How a Chinese low-speed carmaker's big EV dreams crashed

How a Chinese low-speed carmaker's big EV dreams crashed

FILE PHOTO: A Chinese national flag flutters outside the China Securities Regulatory Commission (CSRC) building on the Financial Street in Beijing, China July 9, 2021. REUTERS/Tingshu Wang/File Photo

In China’s furious push for its firms to climb industrial value chains, some are inevitably being left behind.

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